Jeff Pierce's  Instablog

Jeff Pierce
Send Message
I’m a swing trader of momentum stocks with a holding period of anywhere from a few hours to a few months. I run a number of screens to locate the strongest/weakest stocks out there, using technical analysis to determine my entries and exits. Trying to calculate the intrinsic value of stocks in... More
My company:
All About Trends
My blog:
My book:
zentrader newsletter
  • INVN - Tech Stock In Focus 0 comments
    Mar 6, 2012 1:59 PM | about stocks: INVN

    Below is an example of a stock pick that we didn't include in this weeks newsletter for Astrology Traders because we already had plenty of content. We offer a 14 day grace period to ask for a full refund, no questions asked. I thought I'd share it as Karen sees big things for the Technology sector. Below is an excerpt from an email she sent me the other day.

    It happened on January 10 2012 (noon NY) and also Dec 20 2011, The beginning of a huge bull run in technology. so many people will become rich with technology it has the potential to alter all the major economies…this market is going to go much higher than the 80′s tech boom, it will be like another tech bubble into 2020

    I see a date in March this sector is going to surprise everyone. There is opportunity for one more pullback early March.

    I like how this recent IPO is pulling back to it's 50 ema after a 100% run. The RSI is bullish and will likely trend between 40-80. I would become suspicious on any daily close under it's 50 ema. My first target would be near $19 and I would take half or two-thirds of your position as it will likely run into some resistance around that level.

    1 Com
    Stocks: INVN
Back To Jeff Pierce's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers


More »

Latest Comments

Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.